Busy Tax Pros Buried in IRS Push to Finish Tax Overhaul Rules (2)

Oct. 15, 2020, 8:45 AM UTCUpdated: Oct. 15, 2020, 2:25 PM UTC

Tax professionals have reached an important milestone in a year spent working overtime to parse out massive regulatory packages and navigate pandemic relief programs run by multiple government agencies.

Thursday is the filing deadline for taxpayers who requested an extension to file their 2019 tax return, capping off a longer-than-normal filing season that came amid a global pandemic. Adding to the pressure is a deadline from IRS and Treasury to finish all 2017 tax law guidance this year, which has kept practitioners busy with a steady stream of guidance on both the tax law and Covid-19 aid. More than ...

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